Credit Coach

A column focused on financial literacy, budgeting tips and more by Jayson Stoppel

Jayson became a Licensed Insolvency Trustee working with a large variety of clients in the personal and corporate areas of Financial Recovery, (Bankruptcy and Insolvency) by providing administrative services as well as advice and direction to numerous Financial Service Corporations and lenders.

As a life-long Thunder Bay resident, he is acutely in tune with the Thunder Bay and North-Western Ontario market place. His knowledge, experience and innovative thinking will help BDO continue to offer the level of dedicated, personal service and strategic advice our clients have.

Credit Coach: It’s financial literacy month - remember to check in on your finances

November is Financial Literacy Month in Canada.

Nov 20, 2018 8:15 AM Read more >

Credit Coach: Recent interest rate hikes: what does it mean for you?

In the past couple of weeks you may have heard that the Bank of Canada raised its key interest rate. The benchmark or overnight rate is the starting point for interest rate calculations in Canada. Right now, it’s set at 1.

Nov 5, 2018 2:38 PM Read more >

Credit Coach: Affordability: Do you have enough money for the necessaries of life?

Debt repayment, retirement income savings, child care costs and household food costs.

Oct 18, 2018 11:37 AM Read more >

Credit Coach: How will my bankruptcy affect those I care about?

Are you worried that your debt solution will become a problem for a friend or spouse or family member? One common question I am often asked when consulting with someone about debt relief options is “would filing for bankruptcy affect my spouse?

Sep 10, 2018 8:18 AM Read more >

Credit Coach: Hidden Fats: How healthy is your budget?

For many Canadians, life is fast-paced and hectic. It’s easy to get overwhelmed by the endless choices and decisions we need to make on a daily basis. Think about your diet.

Aug 23, 2018 1:14 PM Read more >

Credit Coach: The Debt Treadmill: 4 ways to get off the ride

Does paying down your debts feel like a useless exercise? Month after month you make your debt payments, only to find that you aren’t really getting anywhere.

Aug 14, 2018 3:13 PM Read more >

Credit Coach: How to avoid being crushed by the cost of earning a degree

How to avoid being crushed by the cost of earning a degree.

Jun 28, 2018 8:43 AM Read more >

Credit Coach: Sun Time Fun Time: Staying on top of your summertime budget

With only a few weeks left in the school calendar, now is the time to start planning for your summer fun without adding to the family debt. With each change of season we are presented with different budget challenges.

Jun 7, 2018 8:56 AM Read more >

Credit Coach: Spring cleaning: It isn't only for the back yard

As a Licensed Insolvency Trustee and credit management blogger, I find myself drawn to the subject of household finances when I’m on Facebook or surfing the internet.

May 23, 2018 2:08 PM Read more >

Credit Coach: 3 questions to ask before you dip into your home equity for a backyard reno

Spring is in full swing and summer is just around the corner, which means that many homeowners are moving ahead with the annual yard clean up after a long winter’s slumber.

May 5, 2018 9:22 AM Read more >